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works. now when you work on a problem like this, as we do in the u.s., perhaps not at the scale the e.u. will, we'll find out. you learn not only more things about the brain but you learn how to build better computers and circles around and all boats rise. but the one mess age i want to leave with you with is that basic research still done in universities primarily including this new world of use inspired basic research with good interaction with companies and so forth producing the independenceble feed stock for companies and especially for young entrepreneurial companies that increasingly drive innovation, products, and jobs. mr. chairman, rajing member johnson, thank you for the opportunity to be here. i'll be happy to answer any questions. >> thank you. thank you for your testimonies today. i'll recognize myself for five minutes to ask questions and mr. templeton i would like to address my first question to you. let me preface by saying this in the united states every year $400 billion is spend on research and development. about $140 billion comes from the federal government. those
of the other things i did want to touch about, and these drug shortages, 50eu6 got to tell you, this affidavit just came from tucson and from the northeast, so it's not specific just to rural or urban areas. these are critical shortages that have to be addressed, and i don't like that -- i don't think that the hypothesis or the conclusions you come to are real. i think we're actually worse shortages. just because we put out a report doesn't mean that we've remedied it. we've actually made some of the problems even worse for the gray market. now we understand where we hoard, where we take, where we increase the sales. so we've got a huge problem here. to go back to my colleague, mr. chaffetz, in federal properties. i want to give you a real clear example of federal properties that have a problem. we just got back from a codell in regards to the state department looking at our embassies, and in particular i want to highlight morocco. here we are spending over $150 million building a new embassy in morocco, and we have yet to assay and look at what the value and possibility of sale of our current
Search Results 0 to 1 of about 2